Maritime Magazine

  The Port of Riga has joined a consortium of Latvia, the UK and Canada to develop a solution for a single Remote Operations Centre (ROC). Last week, maritime and ICT professionals along with researchers from the three countries took part in a workshop held at the Freeport of Riga Authority. Together, they will collaborate

  HOPA Ports has released results for the 2023 navigation season, reporting a combined total cargo of 11,293,179 metric tonnes (MT) through the ports of Hamilton and Oshawa. The 2023 total was a 9% increase from 2022, marking the second-highest volume in the past decade. The season saw a total of 665 vessels, with 603 in Hamilton and

  Baffinland Iron Mines Corporation and ROGESA Roheisengesellschaft Saar mbH have strengthened their cooperation by signing a Memorandum of Understanding (MoU) to further investigate the use of Nunavut high-grade iron ore in low carbon ‘green’ steel production. Low carbon green steel forms the basis of the transition to clean sources of energy and is necessary

  Churchill, Manitoba – The Honourable Dan Vandal, Minister for PrairiesCan and the Honourable Wab Kinew, Premier of Manitoba today announced a joint investment of up to $60 million to the Arctic Gateway Group. This combined funding from the governments of Canada and Manitoba will finish work on the Hudson Bay Railway, start to redevelop the Port of Churchill, and further benefit the communities and sectors of the economy that depend on the Arctic Gateway Group’s operations. The Arctic

  QSL International Ltd. has announced the arrival of new shareholders: funds advised by iCON Infrastructure LLP, CDPQ and the QSL management shareholders already active in the company’s capital. Headquartered in London, iCON is a long-term investor focused on infrastructure businesses in Europe and North America. CDPQ is a global investment group which is already active in the company’s

  In an ambitious initiative to combat climate change and the impact of a prolonged severe drought, the Panama Canal Authority has announced plans to allocate more than $8.5 billion in capital investments towards sustainability projects over the next five years. “We plan to embed sustainability into capital investments worth over $8.5 billion in the

  Recent attacks on commercial vessels in the Red Sea have severely affected shipping through the Suez Canal, adding to existing geopolitical and climate-related challenges facing global trade and supply chains, UNCTAD says in a new report released today. The Red Sea crisis compounds the ongoing disruptions in the Black Sea due to the war in Ukraine,

  The International Chamber of Shipping (ICS), the global trade association for shipowners and operators, which represents over 80% of the world merchant fleet, has launched a set of ‘Industry principles for establishing effective measures to combat and eliminate harassment and bullying in the maritime sector.’  The principles have been published against the backdrop of

  Quebec City – The Minister of Public Services and Procurement, Jean-Yves Duclos, on behalf of the Minister of Fisheries, Oceans and the Canadian Coast Guard, Diane Lebouthillier, today announced a contract award following a competitive process, valued at approximately $44 million (including taxes) to Ocean Industries Inc. for the vessel life extension of the CCGS Griffon. “By